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Veris Residential, Inc.

Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operations; and an inclusive culture based on meritocratic empowerment.

Market Cap

$1.4B

Volume

479.5K

Cash and Equivalents

$11.4M

EBITDA

$136.9M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$175.6M

Profit Margin

61.46%

52 Week High

$18.85

52 Week Low

$14.12

Dividend

2.18%

Price / Book Value

1.26

Price / Earnings

-54.45

Price / Tangible Book Value

1.27

Enterprise Value

$3.3B

Enterprise Value / EBITDA

23.56

Operating Income

$50.9M

Return on Equity

2.24%

Return on Assets

1.03

Cash and Short Term Investments

$11.4M

Debt

$1.8B

Equity

$1.2B

Revenue

$285.7M

Unlevered FCF

-$105.2M

Sector

Residential REITs

Category

N/A

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